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  Dubai Knowledge Village and International Academic City Seek to Attract European Institutions
  7/21/2007 9:53:06 AM
 
 
Dubai Knowledge Village (DKV), the regional educational hub and Dubai International Academic City (DIAC), the premier international higher education initiative, both members of TECOM Investments, generated substantial interest among the delegates and participants of the tenth Arab-German Forum in Berlin, Germany.

The summit, which acts as a network platform dedicated to business partners, is an ideal platform for DKV and DIAC to showcase their potential to more than 800 representatives from business, energy, tourism and academic sectors. Michael Glos, the German Minister of Economics and Technology, also participated in the forum.

Dr. Ayoub Kazim, DKV and DIAC Executive Director, said: “We pursue a committed agenda to align the educational cluster with internationally renowned institutions and develop the educational hub as a major destination for learning in the region. Our presence at the Arab-German Forum shows our determination in building stronger ties with major Arab investments groups and businesses based in Germany.

“The education clusters’ participation assumes significance following the extraordinary growth witnessed in trade between the UAE and Germany. Currently, Dubai’s trade with Germany totals AED 16 billion and the European economic giant is a key trade partner with GCC region.”

The Forum focused on steps to strengthen and encourage economic relations between the Arab world and Germany. Trade between the two reached AED169 billion in 2006, compared to AED121 billion in 2004.



The Berlin forum also helped DKV and DIAC to explore areas of partnership which could lead to more European academic institutions looking to Dubai with greater enthusiasm.

Dubai has established a comprehensive and diversified system of higher education in a very short period. The emirate now has one of the highest rates of high school graduates opting to join universities with 95 per cent of all female and 80 per cent of all male students, seeking admission to higher education locally or abroad.

About Dubai Knowledge Village
Dubai Knowledge Village (DKV), launched in 2003, places the Middle East on the map as a destination for learning excellence. Its 1 KM long picturesque campus provides a ready environment for a variety of knowledge-based entities including training centres and learning support entities. This thriving knowledge community was founded as part of a long-term economic strategy to develop the region’s talent pool and accelerate its move into a knowledge-based economy.

Benefits for Dubai Knowledge Village partners include 100% foreign ownership, 100% freedom from taxes, 100% repatriation of assets and profits and effortless visa issuance procedures. DKV has over 350 partners which include training centres, professional centres and HR companies. DKV also enjoys the distinction of being the world’s only Free Zone totally focused on professional training and learning support services.
  Source: Dubaicityguide.com news
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